Lightening-hot investment


129 Thorndon Quay, Wellington Central

Tender

Download Email
Lightening-hot investment | 129 Thorndon Quay, Wellington Central | 3253869 |      X Close
Image
Description

Lightening-hot investment


Attention passive investors, this property ticks all the boxes for you as a bottom draw strategic investment.

The tenant Lighting Direct has been in business for over 47 years, has 24 outlets

nationwide.

A new ten year lease, add in annual growth and you have an investment well deserving of being in the spotlight on centre stage. Thorndon Quay is the golden mile to home and living stores, making it perfect for this tenant and as a passive investment.

To obtain copies of all supplementary documents please register your details at

www.propertyfiles.co.nz/129ThorndonQuay

• New 10 year lease from October 2020 to Lighting Direct

• Net income of $165,375pa + GST

• Annual rental increases plus market reviews

• A smart generic showroom that was refurbished and strengthening to 80% NBS in 2014

129 Thorndon Quay, Wellington Central

Open in map